GOOD MORNING, Commodities and equities saw a nice rebound to start the night. All posted gains at the start of the trading session, including soyoil. Gains in soyoil outpaced meal, as has been the case backing oilshare, while wheat prices traded higher as well maintaining recent gains for all three contracts. Prices continue to chop around in wide trading ranges, and have to wonder where the ag prices would have been yesterday were it not for a $5.50 drop in crude and a 900 pt drop in equities. The overhang into the Ag space impacted soyoil futures the most but crude and soyoil are higher. Demand remains a focus and China's pull on the markets may return this fall, particularly for corn given the failure of t...
What You Need to Know Today: Commodities were mostly lower across the board today after yesterday’s Federal Reserve meeting hinted at a potential interest rate hike later in 2026. The dollar index reached its highest level in over a year, and a strong dollar makes U.S. agricultural expor...
Tomorrow is the Juneteenth federal holiday, and the USDA, along with the rest of the federal government and the CME, will be closed, so the monthly Cattle on Feed report was released a day early. The total number of cattle on feed in feedlots with 1,000 head or more capacity on 1 June amounted...
From WPI Consulting
Infrastructure investment due diligence
On behalf of a Canadian oilseed processer WPI's team provided market analysis, econometric modeling and financial due diligence in support of a $24 million-dollar investment in a Ukrainian crush plant. Consistent with WPI's findings, local production to supply the plant and the facility's output have expanded exponentially since the investment. WPI has conducted parallel work on behalf of U.S., South American and European clients, both private and public, in the agri-food space.